Citigroup Global Markets analysts said in a report today that, while the Countrywide RMBS settlement may still be contested by other parties, the withdrawal of Walnut's Place entities of their separate rep and warranty lawsuit means the agreement's terms are will likely be finalized soon.

National Credit Union Administration (NCUA) Chairman Debbie Matz hailed Wednesday’s federal court ruling denying a bid by Wall Street banks to dismiss NCUA’s suits regarding corporate credit union investments and said the agency is determined to see the cases through.

Neither Western nor Canadian proposals for improving credit rating agency (CRA) efficiency will be effective, according to the latest report from the Canadian non-profit C.D. Howe Institute.

New advances are providing technology to mortgage industry and secondary market participants that allows them to access detailed information about RMBS.

Even though fewer borrowers are delinquent on their home mortgages compared to a year ago, late payments rose in June, compared to May, by 3.4%, according to Lender Processing Services’ latest “First Look” report.

Canadian Imperial Bank of Commerce (CIBC) has added a C$200 million ($197 million) revolving auto dealer floorplan facility to its SAFE Canadian ABCP.

Mitsubishi Corp. will start originating CMBS in the U.S. through a joint venture with Five Mile Capital Partners (FMC), an asset management firm specializing in real estate debt and related products.

The U.S. higher education sector is currently facing developing risks such as increased regulatory scrutiny, accreditation tightening, technology challenges, and governance conflicts, according to a Moody’s Investors Service mid-year outlook on the sector released today.

Residential funders issued $34.7 billion of Ginnie Mae-backed MBS in June, down nearly $2 billion from the month prior, but a 32% spike from a year ago, according to new figures released by the agency.

Freddie Mac's weekly mortgage rate survey reported new record lows for 30- and 15-year fixed mortgage rates in the week ending July 26. The 30-year rates averaged 3.49%, down four basis points from last week, with the no point rate at 3.67%. 15-year fixed rates averaged 2.80% versus 2.83% previously.

Barclays Bank Delaware's (BBD) trust will issue the first credit card securitization that will fall under the Federal Deposit Insurance Corp.'s (FDIC) new Safe Harbor rule, Moody's Investors Service analysts said in yesterday's Credit Card Statement report. The agency adopted the rule on September 27, 2010.